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FedEx quarterly profit rises on strong package volume, global economy

(Reuters) - Package delivery company FedEx Corp on Tuesday reported a better-than-expected quarterly net profit due to strong global demand and increased volumes during the peak holiday shipping season, but said its results were hit by lingering effects from a June cyber attack on its Dutch TNT Express unit. The Memphis-based company, often

Kenya Railways suspends SGR ticket booking from Jan 1 pending reschedule

Passengers alighting from Standard Gauge Railway (SGR) Passenger Train Kenya - (BD) Kenya Railways Corporation has temporarily suspended booking of Madaraka Express tickets that are operational from January 1, 2018. Kenya Railways, through a public notice on Monday, said it would be rescheduling the passenger train service from January, occasioning the suspension. “As MNSGR will adjust

NNPC petroleum products distribution, sale increase by 29% as PENGASSAN suspends strike

PENGASSAN suspends strike amid long queues at fuel stations Oil workers meet govt in Jan, NNPC cautions against panic buying DPR seals off 12 filling stations in Borno, Yobe Abuja, Lagos - The Nigerian National Petroleum Corporation (NNPC) distributed and sold about 1.3 billion litres of petroleum products throughout the

Driverless Merc takes on SA’s chaotic roads

Mercedes Benz on SA road Cape Town - Although it’s impressive to hear of the progress that autonomous cars are making in tests abroad, we’ve often wondered how these advanced machines would cope on South Africa’s hectic road network. Now Mercedes-Benz is taking up that challenge with the fourth leg of its

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